Development Bank Aims for Dim Sum

Development Bank Aims for Dim Sum

Central America China Bonds

Issuance of offshore Chinese rinimnbi (RMB) bonds, or Dim Sum bonds, is coming back into focus for LatAm bond issuers, with Central American development bank Cabei adding itself to the list. Cabei is considering a RMB300m-RMB500m ($48m-$80m) transaction with a 3-year or 5-year tenor in what would be its debut in the market, Treasurer Jose Felix Magana tells LatinFinance. It sought to issue in the offshore RMB market last year, but held back as it wanted to first see improvements in swap rates. T

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